NYSE:SAVE Spirit Airlines (SAVE) Stock Price, News & Analysis → Biden to Launch “FedNOW” [Move Your Money Now] (From Priority Gold) (Ad) Free SAVE Stock Alerts $3.74 +0.06 (+1.63%) (As of 12:54 PM ET) Add Compare Share Share Today's Range$3.72▼$3.8650-Day Range$3.43▼$6.4952-Week Range$3.41▼$19.69Volume2.88 million shsAverage Volume13.76 million shsMarket Capitalization$409.53 millionP/E RatioN/ADividend YieldN/APrice Target$4.91 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Spirit Airlines alerts: Email Address Spirit Airlines MarketRank™ Stock AnalysisAnalyst RatingStrong Sell1.43 Rating ScoreUpside/Downside27.5% Upside$4.91 Price TargetShort InterestBearish25.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.40Based on 15 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.79) to ($1.45) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.02 out of 5 starsTransportation Sector83rd out of 113 stocksAir Transportation, Scheduled Industry13th out of 17 stocks 3.7 Analyst's Opinion Consensus RatingSpirit Airlines has received a consensus rating of Strong Sell. The company's average rating score is 1.43, and is based on no buy ratings, 3 hold ratings, and 4 sell ratings.Amount of Analyst CoverageSpirit Airlines has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted25.44% of the float of Spirit Airlines has been sold short.Short Interest Ratio / Days to CoverSpirit Airlines has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spirit Airlines has recently increased by 5.84%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSpirit Airlines does not currently pay a dividend.Dividend GrowthSpirit Airlines does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SAVE. Previous Next 1.3 News and Social Media Coverage News SentimentSpirit Airlines has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Spirit Airlines this week, compared to 19 articles on an average week.Search InterestOnly 27 people have searched for SAVE on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat FollowsOnly 20 people have added Spirit Airlines to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spirit Airlines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of Spirit Airlines is held by insiders.Percentage Held by Institutions58.73% of the stock of Spirit Airlines is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Spirit Airlines are expected to grow in the coming year, from ($2.79) to ($1.45) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Airlines is -0.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Airlines is -0.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSpirit Airlines has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings[URGENT] DO NOT Touch These AI Stocks!Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?Click here for our #1 AI Stock for 2024 and Beyond About Spirit Airlines Stock (NYSE:SAVE)Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.Read More SAVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SAVE Stock News HeadlinesApril 8, 2024 | marketbeat.comTaiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fallMay 2, 2024 | msn.comWhistleblower for Boeing contractor Spirit AeroSystems diesMay 3, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...May 1, 2024 | yahoo.comSpirit Airlines to start non-stop flights from Milwaukee to Dallas this summerMay 1, 2024 | msn.comIs Spirit Airlines the cheapest and safest? 5 things to know about the Florida airlineMay 1, 2024 | msn.comSpirit Airlines to offer seasonal nonstop flights between Memphis and Dallas beginning in JulyMay 1, 2024 | msn.comThis airline that flies at Logan was named safest, most affordable on best airlines list.April 30, 2024 | dallasnews.comDiscount carrier Spirit Airlines adds five nonstop routes out of DFW AirportMay 3, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 30, 2024 | msn.comSpirit Airlines adds 5 new nonstop flights from DFW AirportApril 30, 2024 | msn.comUnited Airlines Just Announced a Simple Change, and I Think Middle-Seat Passengers Will Be Very HappyApril 30, 2024 | finance.yahoo.comSpirit Airlines Recognized for Safety and Affordability by WalletHubApril 30, 2024 | prnewswire.comSpirit Airlines Recognized for Safety and Affordability by WalletHubApril 30, 2024 | investorplace.comAnalysts Are Sounding the Alarm Bells on These 7 Stocks: April 2024April 29, 2024 | msn.comAn airline based in Florida was named safest, most affordable on best airlines listApril 29, 2024 | americanbankingnews.comSpirit Airlines (SAVE) to Release Earnings on MondayApril 29, 2024 | msn.com10 Things Boomers Used To Do To Save Money That Younger Generations IgnoreApril 26, 2024 | msn.comEww: 'Mystery liquid' leaks from the bathroom, down the aisle on Spirit Airlines flightApril 26, 2024 | americanbankingnews.comSpirit Airlines, Inc. (NYSE:SAVE) Receives Average Recommendation of "Strong Sell" from AnalystsApril 25, 2024 | msn.comSpirit Airlines flight video shows unidentified liquid flowing down aisleApril 25, 2024 | msn.comMid-flight incident: Mysterious liquid leaks from Spirit Airlines bathroom, passengers shockedApril 25, 2024 | msn.comMid-flight incident: Mysterious liquid leaks from Spirit Airlines bathroom, passengers shockedApril 24, 2024 | msn.comMysterious liquid trickle from plane bathroom, horrifying Spirit Airlines passengersApril 24, 2024 | msn.comMysterious liquid leaks down aisle from bathroom on Spirit flight traveling to NJApril 24, 2024 | msn.comMysterious liquid leaks down aisle from bathroom on Spirit flight traveling to NJApril 23, 2024 | bizjournals.comFrontier Airlines adds to CLT pipeline with launch of Miami flight this summerApril 23, 2024 | businesswire.comSpirit Airlines Optimizes Baggage Operations and Reduces Costs with TA RampSee More Headlines Receive SAVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Airlines and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/08/2024Ex-Dividend for 2/29 Dividend2/22/2024Dividend Payable2/29/2024Today5/03/2024Next Earnings (Confirmed)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Air transportation, scheduled Sub-IndustryN/A Current SymbolNYSE:SAVE CUSIPN/A CIK1498710 Webwww.spirit.com Phone(954) 447-7920Fax954-447-7979Employees13,167Year FoundedN/APrice Target and Rating Average Stock Price Target$4.91 High Stock Price Target$10.00 Low Stock Price Target$3.50 Potential Upside/Downside+27.5%Consensus RatingStrong Sell Rating Score (0-4)1.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($4.09) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-447,460,000.00 Net Margins-8.34% Pretax Margin-10.42% Return on Equity-26.38% Return on Assets-3.80% Debt Debt-to-Equity Ratio2.69 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$5.36 billion Price / Sales0.08 Cash FlowN/A Price / Cash FlowN/A Book Value$10.39 per share Price / Book0.37Miscellaneous Outstanding Shares109,500,000Free Float108,899,000Market Cap$421.58 million OptionableOptionable Beta1.41 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Edward M. Christie III (Age 53)President, CEO & Director Comp: $1.85MMr. Scott M. Haralson (Age 51)Executive VP & CFO Comp: $841.27kMr. John Bendoraitis (Age 60)Executive VP & COO Comp: $964.05kMs. Melinda C. Grindle (Age 50)Senior VP & Chief Human Resources Officer Comp: $657.28kMr. Matthew H. Klein (Age 50)Executive VP & Chief Commercial Officer Comp: $879.3kMr. Rocky B. Wiggins (Age 65)Senior VP & Chief Information Officer Comp: $798.12kDeAnne GabelSenior Director of Investor RelationsMr. Thomas C. Canfield (Age 68)Senior VP, General Counsel & Company Secretary Comp: $701.45kMr. Brian J. McMenamy (Age 65)VP & Controller Simon GoreTreasurerMore ExecutivesKey CompetitorsHawaiianNASDAQ:HASun Country AirlinesNASDAQ:SNCYAllegiant TravelNASDAQ:ALGTFrontier GroupNASDAQ:ULCCP.A.M. Transportation ServicesNASDAQ:PTSIView All CompetitorsInstitutional OwnershipHigh Note Wealth LLCBought 15,028 shares on 5/2/2024Ownership: 0.014%BNP Paribas Financial MarketsBought 704,134 shares on 5/1/2024Ownership: 0.670%Capital Performance Advisors LLPBought 30,522 shares on 4/27/2024Ownership: 0.028%Equitec Proprietary Markets LLCSold 15,000 shares on 4/26/2024Ownership: 0.000%First Bank & TrustBought 14,544 shares on 4/17/2024Ownership: 0.013%View All Institutional Transactions SAVE Stock Analysis - Frequently Asked Questions Should I buy or sell Spirit Airlines stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Spirit Airlines in the last year. There are currently 4 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "strong sell" SAVE shares. View SAVE analyst ratings or view top-rated stocks. What is Spirit Airlines' stock price target for 2024? 7 brokerages have issued 12 month price objectives for Spirit Airlines' stock. Their SAVE share price targets range from $3.50 to $10.00. On average, they anticipate the company's share price to reach $4.91 in the next year. This suggests a possible upside of 27.5% from the stock's current price. View analysts price targets for SAVE or view top-rated stocks among Wall Street analysts. How have SAVE shares performed in 2024? Spirit Airlines' stock was trading at $16.39 at the beginning of the year. Since then, SAVE shares have decreased by 76.5% and is now trading at $3.85. View the best growth stocks for 2024 here. When is Spirit Airlines' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our SAVE earnings forecast. How can I listen to Spirit Airlines' earnings call? Spirit Airlines will be holding an earnings conference call on Monday, May 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Spirit Airlines' earnings last quarter? Spirit Airlines, Inc. (NYSE:SAVE) announced its quarterly earnings data on Thursday, February, 8th. The company reported ($1.36) earnings per share for the quarter, beating the consensus estimate of ($1.42) by $0.06. The firm earned $1.32 billion during the quarter, compared to analysts' expectations of $1.32 billion. Spirit Airlines had a negative trailing twelve-month return on equity of 26.38% and a negative net margin of 8.34%. The company's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 EPS. How often does Spirit Airlines pay dividends? What is the dividend yield for Spirit Airlines? Spirit Airlines announced a dividend on Tuesday, February 13th. Stockholders of record on Friday, February 23rd will be given a dividend of $0.10 per share on Thursday, February 29th. The ex-dividend date of this dividend is Thursday, February 22nd. Read our dividend analysis for SAVE. What ETFs hold Spirit Airlines' stock? ETFs with the largest weight of Spirit Airlines (NYSE:SAVE) stock in their portfolio include Roundhill MEME ETF (MEME), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). What guidance has Spirit Airlines issued on next quarter's earnings? Spirit Airlines updated its first quarter 2024 earnings guidance on Monday, April, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. What is Ted Christie's approval rating as Spirit Airlines' CEO? 78 employees have rated Spirit Airlines Chief Executive Officer Ted Christie on Glassdoor.com. Ted Christie has an approval rating of 93% among the company's employees. This puts Ted Christie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are Spirit Airlines' major shareholders? Spirit Airlines' stock is owned by a variety of institutional and retail investors. Top institutional investors include BNP Paribas Financial Markets (0.67%), Capital Performance Advisors LLP (0.03%), Counterpoint Mutual Funds LLC (0.03%), High Note Wealth LLC (0.01%), First Bank & Trust (0.01%) and Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. How do I buy shares of Spirit Airlines? Shares of SAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SAVE) was last updated on 5/3/2024 by MarketBeat.com Staff From Our PartnersThe AI stock to buy right nowStockEarningsUrgent Nvidia WarningAltimetryCould Your Accounts Be Frozen?Allegiance GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBill Gates is all about this tiny $2 stockTimothy Sykes$5,000 Gold?Stansberry ResearchForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Spirit Airlines, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.